ThoughtSpot
Valuation · 2021
$4.2B
2023 Revenue
$150M
Customers
1K
Funding
$623M
Avg ACV
$150K
Team · 2025
1.7K
Founded
2012
ThoughtSpot Revenue, Valuation & Funding (2023)
ThoughtSpot generated $150M in revenue in 2023. Source: thoughtspot.com
ThoughtSpot is a software company that provides a search and AI-driven analytics platform for business intelligence and data analytics. The company was founded in 2012 and is headquartered in Sunnyvale, California. ThoughtSpot's platform allows business users to easily search and analyze large volumes of data in real-time, without requiring advanced technical skills or assistance from IT teams. The platform uses artificial intelligence and machine learning algorithms to provide insights and recommendations, helping users to make data-driven decisions. ThoughtSpot's customers include large enterprises across a variety of industries, and the company has been recognized for its innovative solutions and industry leadership.
Last updated
ThoughtSpot Revenue
In 2023, ThoughtSpot's revenue reached $150M. The company previously reported $154.5M in 2022.
| Year | Milestone | Source |
|---|---|---|
| 2023 | ThoughtSpot revenue in 2023: $150m | thoughtspot.com |
| 2022 | ThoughtSpot Hit $154.5m revenue in November 2022 | Not recorded |
| 2021 | ThoughtSpot Hit $98m revenue in November 2021 | Not recorded |
| 2020 | ThoughtSpot Hit $75m revenue in December 2020 | Not recorded |
| 2020 | ThoughtSpot Hit $100m revenue in February 2020 | Press & News |
| 2019 | ThoughtSpot Hit $36m revenue in August 2019 | Not recorded |
| 2012 | Launched with $0 revenue |
ThoughtSpot Valuation, Funding Rounds
ThoughtSpot reached a $4.2B valuation in 2021, set during its Series F round.
ThoughtSpot has raised $623M in total funding across 6 rounds, most recently a $100M Series F round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series F | $100M | $4.2B | 2% | Not recorded |
| 2021 | Venture | $20M | - | - | Not recorded |
| 2019 | Series E | $248M | $1.7B | 15% | Not recorded |
| 2018 | Series D | $145M | $855M | 17% | Not recorded |
| 2017 | Series C | $60M | - | - | Not recorded |
| 2016 | Series C | $50M | - | - | Not recorded |
Founder / CEO
Customers
ThoughtSpot serves 1K customers.
ThoughtSpot Employees & Team Size
ThoughtSpot employs approximately 1.7K people as of 2026, up from 1.5K in 2024, including 121 sales reps that carry a quota. It serves 1K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 1.7K employees (November 2025) | Not recorded |
| 2024 | Reached 1.5K employees (March 2024) | Not recorded |
| 2023 | Reached 1.5K employees (November 2023) | Not recorded |
| 2022 | Reached 1.1K employees (November 2022) | Not recorded |
| 2021 | Reached 683 employees (November 2021) | Not recorded |
| 2021 | Reached 683 employees (November 2021) | Not recorded |
| 2020 | Reached 569 employees (December 2020) | Not recorded |
| 2020 | Reached 569 employees (November 2020) | Not recorded |
| 2019 | Reached 500 employees (August 2019) | Not recorded |
| 2018 | Reached 347 employees (May 2018) | Not recorded |
Frequently Asked Questions about ThoughtSpot
What is ThoughtSpot's revenue?
As of 2023, ThoughtSpot generated $150M in revenue.
What is ThoughtSpot's valuation?
As of 2021, ThoughtSpot was valued at $4.2B.
When was ThoughtSpot founded?
ThoughtSpot was founded in 2012.
How much funding does ThoughtSpot have?
ThoughtSpot raised $623M across 6 rounds.
How many employees does ThoughtSpot have?
As of 2025, ThoughtSpot had 1.7K employees.
Where is ThoughtSpot headquartered?
ThoughtSpot is headquartered in Mountain View, California, United States.
Compare ThoughtSpot to the industry
ThoughtSpot operates across multiple industries. Browse revenue, funding, and growth data for ThoughtSpot in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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